Soviet Union (Prime Minister's Visit)

Part of the debate – in the House of Commons at 12:00 am on 25th January 1968.

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Photo of Mr Harold Wilson Mr Harold Wilson , Huyton 12:00 am, 25th January 1968

The answer to the first question is that there were no expressions of sympathy on this matter. There was no suggestion of borrowing money, though my hon. Friend will know the generous credit terms that we extend, amounting to a total registered figure of £125 million, for the export of capital goods to the Soviet Union.

On the question of speculation, it is a long-standing convention between us that we do not discuss the activities of individual banks, whether the Moscow Norodny Bank, or any other.